Installment Payment Agreements

Installment agreements allow taxpayers to spread payment on tax obligations out over a more manageable period of time. Our firm can help you maximize the benefits of installment agreements, including full pay and partial pay agreements.

Partial Pay Installment Agreement

Partial pay agreements offer benefits of both offers in compromise and installment agreements. Total obligations through a partial pay agreement are reduced compared to full pay agreement.

Streamlined Installment Agreement

Another option for dealing with substantial tax debt is to agree to make installment payments on the amount owed to the IRS. This can be the most effective means of resolving tax debt when you are unable to pay the full amount. The IRS began the Fresh Start initiative several years ago to bring their collection practices more in line with the economic realities of struggling individuals and business owners.

The Fresh Start initiative allows for streamlined installment agreements. These agreements offer certain benefits such as being easier to negotiate and requiring less documentation. The streamlined installment agreements are available for those with less than $50,000 in federal tax debt.

Exclusively Focused On Creating Tax Solutions

At Kundra & Associates, our attorneys take pride in our ability to equalize the situation for taxpayers who are facing difficulties with the IRS.

Contact The Maryland Installment Agreement Attorneys Of Kundra & Associates

When you are facing substantial tax debt, the lawyers of Kundra & Associates can help you make sense of the situation and effectively pursue an optimal tax burden through an installment agreement. To schedule an initial consultation, call 301-637-8130 or contact us online.